Jon Najarian Sees Unusual Options Activity In Coca-Cola And Vale

On CNBC's "Fast Money Halftime Report," Jon Najarian spoke about unusually high options activity in Coca-Cola Co KO. He noticed traders are buying the October $51 calls in the name and he decided to pull the trigger and buy these calls. He is probably going to hold them for three to four weeks.

Vale SA VALE was also pretty active as over $58,000 contracts of the October $13 calls were traded. Najarian bought these calls as well and he is looking for more upside over the next couple of weeks.